Binance Research: Crude oil risk premium may have peaked, and the crypto market may see stabilization and rebound

Binance Research posted on the X platform that Brent crude oil has fully priced in the risks of a long-term closure of the Strait of Hormuz around $110.

Despite ongoing geopolitical conflicts, several policies and market mechanisms have not yet fully taken effect, limiting further upward movement in oil prices; range-bound fluctuations may be the main theme in the near term.

If oil prices remain range-bound, the "stagflation" narrative that relies on rising oil prices will weaken, which may alleviate the macro pressures faced by risk assets, including cryptocurrencies. As selling pressure bottoms out, the crypto market is expected to stabilize or rebound.